Q Understanding the cost structure of the supply chain, check the extent of accountability that could be handled, formulating effective strategies, incorporating the planned strategies, identifying the loopholes, passing down information on time, and looking for ways for maximizing customer satisfaction. These factors are majorly responsible for better supplier management practices for an organization. Identifying these determinants is not a difficult task for the companies but implementing them surely is. All of them are subjected to certain strengths and weaknesses. The strengths are many in number for example; a structured
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